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IMPAIRMENT OF REAL ESTATE INVESTMENTS, ASSETS HELD FOR SALE AND ASSET SALES - (Tables)
 9 Months Ended
Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Asset Sales and Held for Sale Reclassifications
The following table summarizes the Company’s dispositions for the three and nine months ended September 30, 2025 and 2024 (dollars in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Number of facilities(1)
10 11 1514
Net sales proceeds(2)
$38,207 $7,712 $82,608 $8,852 
Net carrying value38,207 9,998 78,732 11,106 
Net (loss) gain on sale, net$— $(2,286)$3,876 $(2,254)
(1) One non-operational previously impaired facility sold during the nine months ended September 30, 2025 was not classified as held for sale as of December 31, 2024.
(2) Net sales proceeds for the three and nine months ended September 30, 2025 includes non-cash consideration related to an asset exchange. Net sales proceeds for the nine months ended September 30, 2024 includes $1.0 million of seller financing in connection with the sale of one ALF in January 2024. Net sales proceeds for the three and nine months ended September 30, 2024 includes $2.8 million of liabilities assumed by the buyer in connection with the sale of 11 SNFs.
The following table summarizes the Company’s assets held for sale activity for the nine months ended September 30, 2025 and 2024 (dollars in thousands):
Net Carrying ValueNumber of Facilities
December 31, 2024$57,261 10
Additions to assets held for sale50,066 12 
Assets sold(78,732)(14)
Impairment of real estate held for sale(452)— 
September 30, 2025
$28,143 8 
December 31, 2023$15,011 14 
Additions to assets held for sale54,021 10 
Assets sold(11,106)(14)
Impairment of real estate held for sale(36,872)— 
Assets reclassified to held for investment(5,008)(2)
September 30, 2024
$16,046 8